Sterlite Copper gets new CEO

Pankaj Kumar has been appointed as the new Chief Executive Officer (CEO) of Thoothukudi-based Sterlite Copper with immediate effect.

In addition to the unit’s copper operations, he will also oversee operations at Malco Energy Limited (MEL) and Fujairah Gold (FZH). P Ramnath, who led Sterlite Copper for the past eight years has retired from the role of CEO and will now be staying on in the capacity of a senior advisor to the organisation.

According to a statement from the company, Mr. Kumar has nearly 29 years of industry experience and has previously served as Chief Operating Officer and Director, Smelters at Hindustan Zinc. Prior to that, he worked in Tata Steel, Adani Ports and Mittal Steel.

The statement quoted him as saying, “I have come at a time when many interesting projects for the development of the region as well as its people are in the pipeline.”